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20131028
20131105
STATION
CNBC 11
KTVU (FOX) 3
FBC 2
CSPAN2 1
LANGUAGE
English 22
Search Results 0 to 21 of about 22 (some duplicates have been removed)
morning. i'm dave clark. we're going to check your weather and traffic. we're going to steve paulson. >> very good morning. very clear cold morning . temperatures at 30s and 40s. little warmer in san francisco. low 50s there. 37 santa rosa. 38 napa. and a couple on the peninsula. san francisco been warming it up everyday this week a little bit. a little jump yesterday. 66 today. clear skies today and tomorrow. we get a slight off shore component. sunny and warm but the days aren't long any more. overall highs 70s. 60s to near 70s around the bay. here's sal. >> traffic is getting busier if you are driving on the bridges, for example, trying to get across the bay bridge. that is about a 20 minute delay. nothing too severe. 20 minute delay if you are in the fast traet rak lane. the -- fastrak lane. really it's much quicker. this is a look at san francisco northbound and southbound 101. traffic is busy. 101 is a little slow there or congested. southbound 680 is going to be slow. let's go back to the desk. >> thank you, sal. police are investigating a dog attack that injured four people
to "mornings on 2." i'm tori campbell. >> i'm dave clark. >>> we're gonna check weather and traffic. steve? >> it's cold. a lot of cold readings. 30s all over the place. a few upper 20s. it will be sunny today once we get cranked up. it just takes longer this time of year. 30s for many. fairfield, 54 because they have a northerly breeze. antioch, brentwood, pittsburg held up because of a little breeze. there's a lot of 30s around. san francisco, i did see 43 in west portal. officially, 49. 64 for a high today. in the bay area hills maybe out to the valley as well. there will be a little bit of a breeze. some locations picking up a breeze. sunny, breezy. if there's no breeze, your temperatures are in the 30s. it will rebound. it's a slow process this time of year. today through wednesday, might get an offshore push. just enjoy it while you can because the days are getting very, very short. clear skies after yesterday's system went through. it set the stage for a cold morning. that north breeze favoring areas in the higher elevations. highs today, a lot of 60s. low to mid-60s by the water. h
but temperatures mid-60s for a few, low 60s for others, here is tara. >> thanks, steve, construction in san jose this morning along highway 87 northbound at the north taylor off-ramp. closed this morning. up next a live look at the san mateo bridge, still foggy, this has been like this since monday but traffic is flowing nicely in both directions, at the bay bridge toll plaza, not seeing back up just yet, still early in the morning for that. and finally highway 4 through the bay point pittsburgh area, those highlights you see there are westbound traffic as you make the drive toward concord and 680, no delays as of yet. 4:30, back to the desk. >> highway 121 in sonoma county is back open after a crash, christien kafton is live with the latest details and i understand chp says alcohol was a likely factor. >> yeah, the accident happened along this stretch of road after 7:00 last night, two cars collided, killing one man and leaving at least three other people injured. investigators say 25-year-old demmadare chan drays was driving a jaguar south and witnesses say he crossed the center line to pass o
of numbers. >> holy cow, a busy one. >> we could have a settlement between the government and steve cohaan's capital. that story is coming up. >> are more people trading in their old tablets? we will talk to the ceo of gazelle. >>> back with "squawk on the street" live from post 9 in just a moment. nes investment management & investment servicing, giving us unique insights which help us attract the industry's brightest minds who create powerful strategies for a country's investments which are used to build new schools to build more bright minds. invested in the world. bny mellon. easy-to-use platform. no, thank you. we know you're always looking for the best fill price. and walk limit automatically tries to find it for you. just set your start and end price. and let it do its thing. wow, more fan mail. my uncle wanted to say thanks for idea hub. he loves how he can click on it and get specific actionable trade ideas with their probabilities throughout the day. [ male announcer ] open an account and get a $150 amazon.com gift card. call 1-888-280-0149 now. optionsxpress by charles schwab. a
finished quite quickly. "the wall street journal" says steve cohen's firm will agree to stop managing outside money and to pay the government criminal penalties of$1.2 billion with a quick note there, steve cohen will remain under criminal investigation personally. however, there's an expectation that no case will be brought against him individually. >>> nelson peltz spun off pepsi's beverage business and merged its snack business creating a $70 billion snack food giant. >>> finally, china mobile has put an advertisement on its website for the faster 4g network. this is raising expectations that the deals between the largest carrier and apple may fine finally be announced as early as next week. >>> and if you are getting ready for the twitter ipo, check this out. twitter is getting high marks from institutional investors would net with executives on the road show this week. investors say they are optimistic about the social media site's ipo and see little sign of the irrational natural exuberance from last year. speaking of twitter, if you got on the site this morning, they're showing
be able to manage money belonging to steve cohn, the founder, certain employees and his family members. >> hey, kate, couple questions this morning. one is this doesn't resolve any potential criminal liability for steve cohn, the man himself, is that true? >> well, let me give you a dual answer to that. i mean, i guess it doesn't, although i think if they had the material for a criminal individual case against cohen, they probably would have brought it at this point. now they continue to try current and former traders. in two weeks from now we'll see the trial of michael steinberg and i assume the fbi continues to try to turn witnesses against him. so i think you can't rule that out in the future, but i would probably not expect it at this point. >> the only reason i ask is because if you remember and you remember so well given -- now we're talking about a $1.8 billion settlement, 600 was already from a prior settlement, some people meant the whole thing was over. here we are they would argue we're sort of double dipping. it seems to me they're taking a second bite at the apple, why no
you are going to see housing accelerate through the fall. >> steve, are you as optimistic? >> i don't know if i am optic mystic in the short-term but in the long-term, i am very optimistic. if you look at housing starts, we have not built this few homes going back to the 50s. we are literally building nothing. >> this isn't a supply story. contracts for sale of existing homes fell by 5%. that has nothing to do with the supply. >> it has nothing to do with supply but the fact of the matter is, over the longer picture for a long-term investor, there is actually going to be very little supply out there. over time, that will impact pricing and statistics like this. month to month is very difficult to predict. over the long-term, housing will be in short supply as population continues. if we get household formations back to where they were pre-2007, there will be a dearth of housing. >> people's propensity to buy homes has changed. there is a different atmosphere in the country. people got burnt by housing. they may be more reluctant to go in. you used to buy a house, because you assumed
. >> steve. >> i thought it was lee harvey oswald. why do you say it was his own vice president? >> johnson had unique motives, means and opportunity. he was a man facing being dumped from the ticket and federal prosecution -- >> wait a minute. what do you mean he was going to be dumped? >> he had become a political liability by bobby kennedy's justice department in a wheeler dealer scandal and the bobby baker scandal. he was not only looking at political ruin, he was looking at prison and he was a very desperate man. >> okay. what did he do? >> i think there's three pieces of evidence that tie johnson to this crime. first of all, murder was in his repertoire. in my book i tie him to eight political murders prior to kennedy to cover up theft through fraud of the 1948 senate election and to cover up his financial wheeling dealings with billy solastas. murder was in his repertoire. he had a hit man named malcolm wallace. his finger prints were found on the sniper -- >> on the records. >> the dallas police find a finger print from malcolm wallace, a johnson retainer on the card booed box in th
-- >> remember, this is an alcoa skin. and steve jobs loved the feel of aluminum versus plastic. and if you try to get an answer from alcoa about how well things are, they're going to tell you you're going to have to wait a long time. alcoa can wait. >> yes, yes. i'm a mini fan, by the way. >> you are? >> yeah. >> that means your wife doesn't like what you watch. >> no, it's just easy to carry with you and take with you and much lighter than this and basically does the same things. in terms of the stock and impact and this coming out and mossberg's incredibly positive review -- >> i think it does matter. but that's the problem with the analysts. the analysts think it's gross margins. my suggestion is when you have a superior product, you will see gross margins go up because competitors can't compete. and craig jelinik at costco, he said this is the product, for christmas, this is the product. and ups has done well and percolating when apple has a new product that people buy. >> said on a day that the holiday season does begin. it's a little regis. a little monochrome atic. >> in is an italian m
the disastrous obama care rollout. nbc news steve handelsman joins us. >> part of the parade of horribles as president obama calls it is millions of americans losing their health care and that's happening here on capitol hill, obama hhs secretary kathleen sebelius says blame insurance companies for millionses of americans getting lers and emails that they're getting dropped. republicans said president obama, with the help of kathleen sebelius, won reelection promising that if you like your health care coverage, if you like your insurance, if you like your doctor you can keep them. that, said a republican, amounts to political deception. >> millions of individuals who by listening to speeches like yours voted believe in one thing and now found themselves without coverage and are now scrambling to find coverage. >> no worry, said sebelius and the democrats here at the hearing on capitol hill today. anybody who is dropped can get obama care. >> so this notion that people are being turned away is preposterous. >> they'll be able to get another plan, won't they? >> actually, it's the law that
a five-year low. steve liesman is here to explain what it means for you and the economy more broadly. first to eamon javers in washington to explain how we got here. >> hi, tyler. the obama administration sees this one as a big win this week. remember that fiscal cliff deal that we had at the end of last year's crisis in washington? what they did was, they raised taxes, and they cut spending through the sequester. and that's had a fairly predictable result. it's been good for the deficit. take a look at this chart, and you'll see the deficit as a percent of gdp has gone down dramatically since 2009 when it was 9.2%. 2013, just 4.1%. 79% of the decrease the government says it due to tax receipts. record tax receipts in 2013, up $325 billion from 2012. that's up 13%. so the tax man is getting his cut of this improving economy and also as a result of those tax increases. that has led to this lowering of the u.s. deficit. that's something the obama administration says is a good thing. they feel like, you know, it's not getting enough attention here in all of this hullabaloo here in washi
for some time to come. cheryl: thank you very much, steve. dennis: help for veterans, high-tech training and a guaranteed job with a hefty salary and also blackberry off the sales block, and the ceo, he's fired. latest details coming up. meantime, let's look at ten-year treasuries. ♪ ♪ so ally bank has a raise your rate cd that wothat's correct.a rate. cause i'm really nervous about getting trapped. why's that? uh, mark? go get help! i have my reasons. look, you don't have to feel trapped with our raise your rate cd. if our rate on this cd goes up, yours can too. oh that sounds nice. don't feel trapped with the ally raise your rate cd. ally bank. your money needs an ally. became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. ♪ ♪ >> i'm tracy byrnes with your fox business brief. johnson and johnson will pay more than $2.2 billion to settle justice dep
reach the 70's. steve, elisabeth and brian, that also includes new york city. friday here it could be 70 degrees. >> i love that. my kind of temperature, maria. thank you. >> from the weather to this. coming up, if an asteroid was about to hit the earth, who you call for help? ben affleck? no. call the united nations. we'll tell you y. >> this player was on the dream team but didn't do it alone. how his family and faith led him to the hall of fame. fame. john stockton live. [ female announcer ] with five perfectly sweetened whole grains... you can't help but see the good. your modefy gravity.ything. whole grains... find hidden treasure. make rainbows appear. now she could use a hand, so she can keep living on her own. comfort keepers can help you help her. our professional caregivers are carefully chosen and highly trained to provide a variety of in-home services while truly engaging with your aging loved ones so they can stay happy at home. comfort keepers. keeping the comforts of home. ll comfort keepers now to arn more. medicare part d plan did you know that if you enroll in a where w
and panties and soup kitchens will face further strain. >>> joining me now is steve coen, really appreciate your time tonight, congressman your state is very dependant on food stamps. one in five residents is receiving food stamps. here we're showing a graphic that shows how california is losing $457 million as a result of this. of course they have a much larger population than tennessee, tennessee is losing $141 million. how much of an impact will this have on your state? >> it will be considerable in a state -- of course i'm most concerned about my district which is most of memphis. memphis is the poorest metropolitan region in the nation. so the cuts will have a very, very strong effect. snap payments were originally raised not only out of concern for the people who lost their jobs or got less pay because of the bush recession, the recession we're still in, but it has -- a stimulus effect because all of that money is spent, and it goes into grocers and people that produce the food, that ship the food and gets in the economy and helps the economy in general. it is going to hurt memphis an
of a settlement like this, sac must become a family office handling only founder steve cohen or family money, or close down completely. reopening is an option. with investor redemptions under way and should be completed by wintertime, sac should still have $7 to $8 billion in assets to trade. but cohen himself would be under fire thanks to an s.e.c. lawsuit that will be picked up after the federal settlement is done, if it is done. if they bar him from the securities industry, as they said they are seeking to do, that could make life as a new hedge fund manager exceedingly difficult if not impossible. >> thank you. consumers love the ipads, iphones, ipods, we know that. how are they feeling about icahn. >> that's good. legendary activist investor is talking about proxy fights to force changes at apple. after the earnings are out, two pros will debate icahn. [ coughs, sneezes ] i have a big meeting when we land, but i am so stuffed up, i can't rest. [ male announcer ] nyquil cold and flu liquid gels don't unstuff your nose. they don't? alka seltzer plus night fights your worst cold symptoms,
and all asset prices are bubbling down. steve liesman has pointed out profit margins are bubbling. to the extent that any of them can be suspended i guess is the ultimate test in terms of tapering or, you know, the purchases by the fed in terms of adding to the down shape. but, yes, slightly bubbly. >> all right, a little spooky. we'll talk more about his opinions through wrought the morning. the futures at this point are indicated lower. right now, you see some red arrows there. dow futures down by about 30 points below fair. the s&p futures off by about 2 points. on today's agenda, we have weekly jobless claims coming up at 8:30 eastern. and we have the chicago pmi at 9:45. first time filings for unemployment benefits are seen falling to 335,000. as for earnings, we continue to get the drum beat. we'll hear from exxon, mastercard, cigna, discovery and time warper cable before the bell this morning. andrew, i'll send it over to you. >> thank you, becky. happy halloween. we have a little bit of spooky after the bell session tore shares of facebook. the stock initially jumped more
.a.c. not necessarily founder steve cohen but as well as sentencing to follow several months later. it's after that s.a.c. needs to get serious about restructuring. they'll have to appoint an independent compliance monitor to oversee what they're calling the wind-down. what that means is they have to return third-party money to investors. a process that actually will be mostly completed at the end of the first quarter, from what i'm told, but could take ultimately one two two years, maria because they have liquid assets they need to sell. that process is currently being negotiate with the s.e.c. they have sfooif years to do it. probably won't take that long. >> so, nearly -- kate, thank you for the facts. we want to talk about this. nearly $2 billion to settle insider trading charges at s.a.c. we want to get the latest from sheila bair. u.s. attorney pete bharara said penalties are steep but fair. he made it clear this shut help serve as a deterrent. you agree? >> i absolutely agree. this is great. this isn't just the cost of doing business. a fine of this size hurts. it hurts wher
level of oversight, worth respect, and the 702 programs steve mentioned. there is internal oversight within the collecting agencies themselves. this is within the intelligence community element. there are supervisory level approvals at the oaring'sal level for targeting decisions, offices of general counsel, compliance offices, a network of civil liberties and protection officers at nsa specifically, the position created specifically soon, but other intelligence community elements have these officials already. there's an intelligence community, and then there are inspector generals, and i'm using the plural because these are the types of offices and oversight personnel that exist at most, if not all of the intelligence community elements. once you leave interim agencies collecting information and oversight offices and personnel involved, you go to a second tier of outside agency still within the executive branch oversight. this is compromised of attorneys, civil liberties, auditing backgrounds, which are outside the operational entities which is important because they have some degre
is bigger than steve cohen, and like when eliot spitzer went after that, caving, caving, caving, the government doesn't try a single one of the cases. the question, what was the last securities and exchange commission case tried? mark cuban who won. the jury was out for about an hour and a half and found there was no cause of action. stuart: but this is what the left wants, politically, they want to be able to say, the banks, wall street, hedge funds, they are responsible for the crash. they're crooks, they're robbers, thieves and liars and that's exactly what they're doing because they're making political capital out of it. >> where does the 1.2 billion come from? it comes from the profits of this corporation which will never again be available for investment. that's an extraordinary harm to the economy and to the people who work to achieve it. stuart: where does the money go, by the way. >> to the general treasury. well, it goes to the sec which will remit it to the general treasury. look, the sec is the king of the hill when it comes to sending money back to the general treas
steve jobs would have wished he could have introduced in 2010 in terms of it weighs one pound, it's really thin, and it has sensational battery life, even though they cut the size of the battery in my tests, which are much tougher than the industry's tests, this thing lasted 12 hours and 13 minutes, playing high-definition videos back-to-back. >> wow. >> with e-mail pouring in in the background. so it's really a beautiful job of engineering and design. but on price, it's apple. apple is premium. that's what they want to do. so they didn't raise the price, but it's still $499. >> walt, that's exactly what i was going to ask, because to some extent, the success of the tablet that you're talking about is more categorical than apple-specific, and, in fact, their share of the tablet market has fallen to a new low. i think it's under 30% worldwide. >> right. >> so if their strategy is to be the premium high-end game in town, fine. but there's not -- for most users, the differentiation between what they're offering and what most of the other tablets can do these days isn't great. >> no,
Search Results 0 to 21 of about 22 (some duplicates have been removed)